LightPath Payables Turnover from 2010 to 2024

LPTH Stock  USD 1.66  0.01  0.61%   
LightPath Technologies' Payables Turnover is increasing with slightly volatile movements from year to year. Payables Turnover is estimated to finish at 8.53 this year. Payables Turnover is a liquidity ratio that shows how quickly LightPath Technologies pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.14634808
Current Value
8.53
Quarterly Volatility
2.66926334
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check LightPath Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LightPath Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 M, Interest Expense of 182.3 K or Selling General Administrative of 8.2 M, as well as many indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.0 or PTB Ratio of 3.14. LightPath financial statements analysis is a perfect complement when working with LightPath Technologies Valuation or Volatility modules.
  
Check out the analysis of LightPath Technologies Correlation against competitors.
For more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.

Latest LightPath Technologies' Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of LightPath Technologies over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. LightPath Technologies' Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in LightPath Technologies' overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

LightPath Payables Turnover Regression Statistics

Arithmetic Mean6.95
Coefficient Of Variation38.39
Mean Deviation1.97
Median7.72
Standard Deviation2.67
Sample Variance7.12
Range10.5009
R-Value0.66
Mean Square Error4.37
R-Squared0.43
Significance0.01
Slope0.39
Total Sum of Squares99.75

LightPath Payables Turnover History

2024 8.53
2023 7.15
2022 8.49
2021 7.72
2020 8.55
2019 8.26
2018 9.53

About LightPath Technologies Financial Statements

Investors use fundamental indicators, such as LightPath Technologies' Payables Turnover, to determine how well the company is positioned to perform in the future. Although LightPath Technologies' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 7.15  8.53 

Currently Active Assets on Macroaxis

When determining whether LightPath Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LightPath Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lightpath Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lightpath Technologies Stock:
Check out the analysis of LightPath Technologies Correlation against competitors.
For more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LightPath Technologies. If investors know LightPath will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LightPath Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
49.113
Earnings Share
(0.21)
Revenue Per Share
0.833
Quarterly Revenue Growth
0.04
Return On Assets
(0.09)
The market value of LightPath Technologies is measured differently than its book value, which is the value of LightPath that is recorded on the company's balance sheet. Investors also form their own opinion of LightPath Technologies' value that differs from its market value or its book value, called intrinsic value, which is LightPath Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LightPath Technologies' market value can be influenced by many factors that don't directly affect LightPath Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LightPath Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if LightPath Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LightPath Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.